GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NEUBERGER BERMAN NEW YORK MUNICIPAL FUND INC. (AMEX:NBO) » Definitions » Cash-to-Debt

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND (NEUBERGER BERMAN NEW YORK MUNICIPAL FUND) Cash-to-Debt : No Debt (1) (As of Apr. 2023)


View and export this data going back to 2002. Start your Free Trial

What is NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's cash to debt ratio for the quarter that ended in Apr. 2023 was No Debt (1).

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, NEUBERGER BERMAN NEW YORK MUNICIPAL FUND could pay off its debt using the cash in hand for the quarter that ended in Apr. 2023.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Cash-to-Debt or its related term are showing as below:

NBO' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt

During the past 13 years, NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

NBO's Cash-to-Debt is not ranked
in the Asset Management industry.
Industry Median: 5.79 vs NBO: No Debt

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Cash-to-Debt Historical Data

The historical data trend for NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Cash-to-Debt Chart

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Cash-to-Debt

For the Asset Management subindustry, NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Cash-to-Debt falls into.



NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Cash to Debt Ratio for the fiscal year that ended in Oct. 2022 is calculated as:

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND had no debt (1).

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Cash to Debt Ratio for the quarter that ended in Apr. 2023 is calculated as:

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND had no debt (1).

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NEUBERGER BERMAN NEW YORK MUNICIPAL FUND  (AMEX:NBO) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


NEUBERGER BERMAN NEW YORK MUNICIPAL FUND (NEUBERGER BERMAN NEW YORK MUNICIPAL FUND) Business Description

Traded in Other Exchanges
N/A
Address
c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
NEUBERGER BERMAN NEW YORK MUNICIPAL FUND INC. is a non-diversified, closed-end management investment company. The fund's investment objective is to provide a high level of current income exempt from federal income tax.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Franklyn E. Smith director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Ami Kaplan director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Bradley Tank other: CEO of Affil. of Inv. Mgr. C/O LEHMAN BROTHERS ASSET MANAGEMENT, 190 SOUTH LASALLE STREET, CHICAGO IL 60603-3421
Stephen Blake Miller other: Portfolio Manager C/O NEUBERGER BERMAN LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
James Iselin other: Portfolio Manager C/O NEUBERGER BERMAN, 605 THIRD AVENUE, NEW YORK NY 10158-3698
Faith Colish other: Retired Director C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVE, NEW YORK NY 10158-0180
James G. Stavridis director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Deborah C. Mclean director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Marc Gary director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-3698
Michael J. Cosgrove director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Brian Patrick Kerrane officer: Chief Operating Officer C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND (NEUBERGER BERMAN NEW YORK MUNICIPAL FUND) Headlines

From GuruFocus

Be Aware of These High-Yield Stocks

By Tiziano Frateschi Tiziano Frateschi 02-07-2017